Collective Investment Trusts (CITs) are available only to qualified retirement plans, such as 401(k) defined contribution plans and governmental plans.
Nuveen has a long standing partnership dating back to 2010 with SEI Trust Company serving as Trustee of the Nuveen/SEI Trust Company Investment Trust (Trust). SEI Trust Company is a wholly owned subsidiary of SEI Investments Company, a leading global provider of institutional and private client wealth management solutions. SEI maintains ultimate fiduciary authority over the management of the Trust with Nuveen affiliated advisers serving in fiduciary roles as investment sub-advisers.
The Trust currently has a range of investment strategies such as the Nuveen TIAA Lifecycle series, Nuveen TIAA Lifecycle Index series and the Nuveen TIAA Lifecycle Blend CIT series’ target date vintages.
Most recently, the Trust launched a series of target date strategies that include the option for guaranteed lifetime income. These investment strategies include the Nuveen Lifecycle Income Index (all passive investments), Nuveen Lifecycle Income Blend (a blend of active and passive investments) and Nuveen Lifecycle Income Active (all active investments).